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SOURCE Harwood Feffer LLP
NEW YORK, Feb. 12, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against Cubic Corporation ("CCA" or the "Company") (NYSE: CUB) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.
On February 10, 2014, the Company disclosed that its financial statements from 2012 and 2013 can no longer be relied on and will need to be restated. According to the Company, errors were made in the calculation of revenues for a significant number of its contracts due to an incorrect application of GAAP.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, committed abuses of control, and/or made material misrepresentations in connection with the foregoing.
If you own Cubic shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Matthew M. Houston, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: firstname.lastname@example.org Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.